Overview
What is University Of Illinois Community Credit Union?
The University of Illinois Community Credit Union is a financial institution based in Champaign, Illinois, with a mission to help its members manage their financial well-being. With a team of 194 dedicated professionals, the credit union offers loans, savings accounts, and various financial services in a friendly and professional manner. They have provided 22,585 consumer and real estate loans to their members, as well as 22,019 credit cards. The credit union's primary goal is to assist its members in achieving financial stability and prosperity.
Official website here: www.uoficreditunion.org
What are the reviews and ratings of this charity?
The University of Illinois Community Credit Union is not currently rated by Charity Navigator. This lack of a rating is due to the organization's structure as a credit union, which does not classify it under the 501(c)(3) IRS registered nonprofits that Charity Navigator evaluates. Thus, not having a rating neither reflects positively nor negatively on the credit union.
Charity Navigator bases its ratings on several factors including Accountability & Finance and Impact & Measurement. However, since the credit union is not a 501(c)(3) organization, it is ineligible for these evaluations. This indicates that the typical metrics used for nonprofits do not apply here, primarily because credit unions operate under a different regulatory and business model compared to traditional charities.
Additionally, there are no user reviews available on platforms like GreatNonprofits to provide further insight into the public perception or experiences with the credit union. Consequently, potential members or stakeholders might need to explore other resources to assess the effectiveness and trustworthiness of the University of Illinois Community Credit Union.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Illinois Community Credit Union legitimate?
University Of Illinois Community Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. University Of Illinois Community Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,176,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,000,673
For more financial information, click here
Official website here: www.uoficreditunion.org
What is the mission statement of University Of Illinois Community Credit Union?
The University of Illinois Community Credit Union aims to help its members manage their financial well-being. Through friendly and professional services, the credit union offers loans, savings accounts, and various financial services to its members. In 2020, the credit union provided over 22,500 consumer and real estate loans, as well as 22,000 credit cards, to assist its members in managing their finances effectively.
Official website here: www.uoficreditunion.org
Who is the CEO of University Of Illinois Community Credit Union?
Chris Harlan is the President/Ceo of University Of Illinois Community Credit Union. The CEO's salary of University Of Illinois Community Credit Union is $347,059 and their total compensation is $386,466.
Official website here: www.uoficreditunion.org
What is the revenue of University Of Illinois Community Credit Union?
University Of Illinois Community Credit Union's revenue in 2022 was $29,419,590.
Official website here: www.uoficreditunion.org
Who are the executives of University Of Illinois Community Credit Union and what are their salaries?
The average compensation at University Of Illinois Community Credit Union during 2022 was $47,306. There are 194 employees and 9 volunteers at University Of Illinois Community Credit Union.
Here are 25 key members and their salaries (University Of Illinois Community Credit Union's CEO's salary is $347,059 and their total compensation is $386,466):
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- Compensation: $347,059
- Related: $0
- Other: $39,407
- Compensation: $233,022
- Related: $0
- Other: $28,085
- Compensation: $215,878
- Related: $0
- Other: $27,154
- Compensation: $196,917
- Related: $0
- Other: $20,756
- Compensation: $168,567
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- Other: $28,547
- Compensation: $177,360
- Related: $0
- Other: $16,981
- Compensation: $166,831
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- Other: $18,375
- Compensation: $139,396
- Related: $0
- Other: $28,152
- Compensation: $143,200
- Related: $0
- Other: $23,214
- Compensation: $142,221
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- Other: $15,597
- Compensation: $109,657
- Related: $0
- Other: $12,791
- Compensation: $105,665
- Related: $0
- Other: $15,706
- Compensation: $107,242
- Related: $0
- Other: $13,772
- Compensation: $103,304
- Related: $0
- Other: $17,197
- Compensation: $100,869
- Related: $0
- Other: $16,547
Official website here: www.uoficreditunion.org
Where can I find the form 990 for University Of Illinois Community Credit Union?
University Of Illinois Community Credit Union's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uoficreditunion.org
Learn more at the official website: www.uoficreditunion.org
Mission Statement of University Of Illinois Community Credit Union
University of Illinois Community Credit Union is dedicated to helping its members manage their financial well-being. In a warm and competent manner, this credit union offers various financial services, including loans and savings accounts, to its members.
The financial assistance provided by University of Illinois Community Credit Union extends to both consumer and real estate loans. Over 22,000 loans have been given out to members for their personal and property needs. Furthermore, the credit union has issued approximately 22,019 credit cards, offering members an added convenience and flexibility in managing their finances.
By providing these financial services, University of Illinois Community Credit Union empowers its members to take control of their financial situations. This nonprofit organization is committed to ensuring a friendly and professional experience for all those who seek its assistance.
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Impact
October, 2024
The University of Illinois Community Credit Union plays a crucial role in enhancing the financial well-being of its members in Champaign, Illinois. By offering a variety of financial services, including loans, savings accounts, and credit cards, the credit union actively contributes to the community's economic health.
In the past year, they have provided a remarkable 22,585 consumer and real estate loans, along with 22,019 credit cards, allowing members to manage their finances more effectively and achieve their financial goals. Their commitment to supporting members in a friendly and professional manner fosters a sense of trust and community, ensuring that individuals have access to valuable resources that promote financial stability and growth. This impact extends beyond individual members, positively influencing the local economy as a whole.
This information is meant to be a general summary of University Of Illinois Community Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,503,367
- Program Service Revenue: $20,502,045
- Gross Receipts: $29,499,038
Assets and Liabilities:
- Total Assets: $590,567,781
- Total Liabilities: $539,429,355
- Net Assets: $51,138,426
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN PROGRAM REVENUE
Revenue
$17,677,108
FEE INCOME
Revenue
$2,824,937
Organization Details
Founding Year
1932
Phone
(217) 278-7700Principal Officer
Chris Harlan
Main Address
2201 S FIRST ST, CHAMPAIGN, IL, 618207402
Website
www.uoficreditunion.orgNTEE Category
Code: W60 - Public benefit
If you are a representative of University Of Illinois Community Credit Union and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.